Principle Wealth Partners LLC Buys 354,776 Shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Principle Wealth Partners LLC raised its stake in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 3,612.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 364,597 shares of the company’s stock after acquiring an additional 354,776 shares during the period. JPMorgan Ultra-Short Municipal ETF comprises about 1.6% of Principle Wealth Partners LLC’s investment portfolio, making the stock its 12th largest position. Principle Wealth Partners LLC owned 0.72% of JPMorgan Ultra-Short Municipal ETF worth $18,500,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently bought and sold shares of the stock. Brio Consultants LLC bought a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the fourth quarter worth $264,000. Callan Capital LLC grew its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 8.5% during the fourth quarter. Callan Capital LLC now owns 137,835 shares of the company’s stock worth $6,994,000 after purchasing an additional 10,823 shares during the last quarter. PDS Planning Inc grew its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 41.0% during the fourth quarter. PDS Planning Inc now owns 148,215 shares of the company’s stock worth $7,520,000 after purchasing an additional 43,132 shares during the last quarter. RWA Wealth Partners LLC bought a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the fourth quarter worth $568,000. Finally, CWM LLC grew its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 75.7% during the fourth quarter. CWM LLC now owns 667,926 shares of the company’s stock worth $33,891,000 after purchasing an additional 287,684 shares during the last quarter.

JPMorgan Ultra-Short Municipal ETF Stock Down 0.0 %

JPMorgan Ultra-Short Municipal ETF stock traded down $0.01 during mid-day trading on Friday, hitting $50.66. The stock had a trading volume of 364,668 shares. The firm’s 50 day moving average is $50.69 and its 200-day moving average is $50.66.

JPMorgan Ultra-Short Municipal ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, April 4th. Shareholders of record on Tuesday, April 2nd were paid a $0.1399 dividend. The ex-dividend date of this dividend was Monday, April 1st.

JPMorgan Ultra-Short Municipal ETF Company Profile

The JPMorgan Ultra-Short Municipal Income ETF (JMST) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed portfolio of US municipal bonds with a weighted average maturity of two years or less. JMST was launched on Oct 16, 2018 and is managed by JPMorgan Chase.